mewtwo3467
@blastoise8809
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mewtwo3467
@blastoise8809
With the above being said, Fed is in a sweet spot that they are equipped with all the tools when they are needed. No rush to cut rates simply because economy is quite strong and we can afford to wait and see to be sure inflation is dead.
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mewtwo3467
@blastoise8809
I believe that LDO will experience an 8-fold increase against ETH after BTC surpasses $70k and ETH exceeds $5k. This is expected to happen when there's a resurgence in interest for liquid staking and restaking narratives.
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mewtwo3467
@blastoise8809
Seems Powell tends to signal that inflation is not that serious an issue now. Everything sound so dovish
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mewtwo3467
@blastoise8809
More is coming in August. Great to see new faces! This community of
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mewtwo3467
@blastoise8809
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mewtwo3467
@blastoise8809
Tradfi will have a much easier time allocating to a tech driven play like ETH than BTC as digital gold
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mewtwo3467
@blastoise8809
Traditional finance major adoption lead by Larry Fink, Macro environment pointing to ease, crypto president highly likely, and somehow extreme bearish/desperate sentiment in crypto natives.
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